Councilman explains benefits of new rule banning medical debt on credit reports
A Pittsburgh councilman said the benefits are limitless for people buried under medical debt.
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A Pittsburgh councilman said the benefits are limitless for people buried under medical debt.
Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by mid-January.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
Lee was the only no-vote among western Pennsylvania house members.
With pandemic aid ending earlier this year, some food-stamp recipients are skipping meals or watering down baby formula.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
Critics say allowing the Mountain Valley Pipeline to be fast-tracked would be a "colossal error" after a history of construction complaints and the impacts of its potential emissions.
After days of intense negotiations and weeks of talks, an agreement in principle has been reached to raise the debt ceiling.
Time is running short for House Republicans and the White House to reach an agreement on the debt ceiling to avoid default.
Everything from the stock market to Social Security payments could be jolted if the U.S. defaults on its obligations.
Even a short default could wipe out more than a million jobs, especially in parts of the U.S. that depend on federal spending.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
The U.S. may be unable to pay its bills within weeks if Congress does not raise or suspend the debt ceiling.
The United States is expected to reach its debt limit on Thursday.
House members are headed back to the Hill to push through a raise on the nation's debt ceiling.
For all the commotion -- some would say insanity -- that Washington created over the fiscal cliff these last few weeks, you'd think final approval of a bill late Tuesday night to avoid the cliff would mark lots of changes in tax rates for average Americans. Not so.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
The debt ceiling crisis is over. The Senate passed a bill of compromise that the House approved last night and President Barack Obama has signed it.
During a Monday, closed-door caucus meeting on the debt ceiling, Congressman Mike Doyle, from Pennsylvania, likened negotiating with Republican Tea Party members to dealing with terrorists, to which Vice President Joe Biden was said to agree.
